According to Ashtead Technology, the combined business will offer clients in the Gulf of Mexico region a more robust and enhanced offering, allowing more timely and cost-effective access to the group’s full range of equipment and services from locations in Broussard and Houma, La.

Ashtead Technology chief executive, Allan Pirie said, “This acquisition enables us to provide our full equipment and service capability right where our clients require it, at their project mobilization locations at ports across the Gulf of Mexico coast.

“Aqua-Tech Solutions is a strong fit with our strategic goal to increase the group’s equipment and services to match customer demand. At the same time, it solidifies our established subsea solutions fleet in support of our clients’ long-term successes around the world.”

Aqua-Tech Solutions president, Jared Deculus said, “The opportunities offered by becoming part of the Ashtead Technology group will enable us to deliver a broader range of equipment and project services to our clients. It also opens us up to wider international market prospects where clients are looking for the range of specialist cutting equipment and personnel we can provide.”

This latest transaction is the fourth deal completed by Ashtead Technology since the business was acquired by Buckthorn Partners and APICORP in April 2016.

Featured Companies

Teledyne Oil and Gas is an alliance of Teledyne Technologies companies that delivers high-reliability engineered interconnect solutions for power transmission, data transmission and monitoring applications to operators in the oil and gas exploration and production industry.

Teledyne Gavia provides turnkey survey solutions to customers undertaking a variety of tasks for military, commercial and scientific applications. The Gavia AUV can carry an array of sensors and custom payload modules that make it perfect for any research, monitoring or surveillance task where autonomy…

Teledyne Impulse-PDM has more than 30 years experience in providing interconnect solutions for the toughest environments. The company is a leading worldwide provider of sophisticated electronic components, instruments and communications products for niche markets where performance…

Teledyne RESON is the world’s leading provider of high-quality underwater acoustic solutions. With global presence and worldwide service facilities, We specialize in advanced multibeam sonar systems, sensors, transducers, hydrophones and survey software. We operate in the hydrographic…